2008 Porsche Boxster Base Convertible 2-door 2.7l on 2040-cars

Auto blog

Chris Harris hits the track in the Porsche 911 GT3 RS

One of the wonderful things about Chris Harris on Cars is the enthusiasm that the host brings to the screen. Granted, it would be hard not to enjoy a day driving around in a supercar that you don't own. Still, Harris brings a sense that he knows how rare these opportunities are and relishes them. In his latest look at the two sides of the latest Porsche 911 GT3 RS, you can tell this guy is having a lot of fun. The GT3 RS is a 500-horsepower, track-focused weapon, but it's expected to drive to and away from the circuit after a day of laps. Therefore, Harris decides to evaluate the attributes of this Porsche in both environments. On the road, he sweeps an orange example over some beautifully, undulating German backroads but keeps things rather tidy. However, in the latter half of the video, he arrives at the Weissach test track for a go in a purple RS. There, he really lets the rear hang out.

Leno steals Porsche 918 from The Quail for latest Garage episode

Just because he's a famous celebrity doesn't mean Jay Leno got to take it easy at the Pebble Beach Concours d'Elegance earlier this month. Having already spent some time with the gorgeous Cadillac Elmiraj Concept and Ed Welburn for a recent episode of Jay Leno's Garage, the late night talk show host also got to put a few miles on a prototype version of the Porsche 918 Spyder.
Like a usual episode of JLG, Leno first goes over the details of the car with Frank Walliser, head of the 918 Spyder's development, before taking it out for spin. Check out the full episode, which is posted below, to hear what Walliser has to say about the car. More importantly, though, crank up your computer's volume and let the car's high-revving engine and amazing exhaust note do plenty of talking for itself.

Porsche board members facing another ˆ1.8B lawsuit over VW takeover bid

Back in 2008, Porsche got the bright idea that it could take over Volkswagen in the midst of the worst economic slump since the Great Depression. Ignoring that this was a catastrophic move for the Stuttgart sports car manufacturer that that eventually resulted in it nearly going bankrupt and eventually being taken over by the same company it sought to control, the aftermath has left Porsche Chairman Wolfgang Porsche and board member Ferdinand Piëch in the crosshairs of seven hedge funds that lost out during the takeover and are now seeking €1.8 billion - $2.43 billion US - in damages from the two execs, according to the BBC.
See, investors bet on Volkswagen's share price going down, partially because Porsche said it wasn't going to attempt a takeover. But Porsche was attempting to take over VW, having bought up nearly 75-percent of VW's publicly traded shares. When word broke that Porsche owned nearly three-quarters of VW (which indicated an imminent takeover attempt), rather than go down like the hedge funds bet it would, VW's share price skyrocketed to over 1,000 euros per share, according to Reuters.
Naturally, when you bet that a company's share price is going to drop and it in turn (temporarily) becomes the world's most valuable company, you lose a lot of money, unless you're able to buy up shares before prices jump too much. This led to a squeeze on the stock, which the hedge funds accuse Porsche and Piëch (who are both members of the Porsche family and supervisory board) of organizing.